Trade Idea : USD/CHF - Buy at 0.9750

As the greenback has maintained a firm undertone, suggesting recent upmove is still in progress and may extend further gain to 0.9900, however, loss of near term upward momentum would prevent sharp move beyond 0.9930-35 (50% projection of 0.9632-0.9863 measuring from 0.9817) and reckon 0.9960 (61.8% projection) would hold

Useful Searches

Disclaimer - Forex, futures, stock, and options trading is not appropriate for everyone. There is a substantial risk of loss associated with trading these markets. Losses can and will occur. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representation or implication is being made that using the information contained on this site will generate profits or ensure freedom from losses.